Nations Lending · Alabama · 2025

Nations Lending in Alabama: approval rate, denial rate and rates (2025)

Nations Lending took 83 mortgage applications in Alabama in 2025, ranking #248 of 990 lenders active in the state. It originated 68.7% of them and denied 18.1% (19.7% of the applications it decided), against a statewide denial rate of 19.9%.

83Applicationsin AL
19.7%Decision denial ratestate 25.0%
6.63%Median ratestate 6.50%
$195,000Median loanstate $165,000
$14MVolume27 counties

Nations Lending in Alabama vs the state

18.1%Denial rate-1.78 pts vs state
19.7%Decision denial rate-5.26 pts vs state
68.7%Origination rate+13.28 pts vs state
6.63%Median rate+0.13 pts vs state
0.45Rate spread (pts)+0.17 pts vs state
$79kMedian applicant income
57Loans originated
15Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023102795.9%6.75%#198
202495679.5%6.75%#224
2025835718.1%6.63%#248

What Nations Lending lends in Alabama

By loan purpose

Home purchase 37 45% · 2.7% denied
Refinance 15 18% · 20.0% denied
Cash-out refinance 31 37% · 35.5% denied

By loan type

Conventional 31 37% · 0.0% denied
FHA 32 39% · 31.3% denied
VA 15 18% · 33.3% denied
USDA / RHS 5 6% · 0.0% denied

Why it denied Alabama applicants

Other 6 40%
Debt-to-income ratio 4 27%
Credit history 2 13%
Incomplete application 2 13%
Collateral 1 7%

Where in Alabama

Counties with the most Nations Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baldwin County 35312 5.7%
Limestone County 623 50.0%
Lee County 523 60.0%
Tuscaloosa County 431 25.0%
Madison County 320 0.0%
Shelby County 312 66.7%
St. Clair County 301 33.3%
Lauderdale County 210 0.0%
Jefferson County 210 0.0%
Mobile County 220 0.0%

Other large lenders in Alabama

LenderGradeApplicationsDenial rateMedian rate
Regions BankC 11,87137.2%4.99%
Rocket MortgageC 9,94120.5%6.63%
Vanderbilt Mortgage and FinanceF 8,46141.4%9.50%
United Shore Financial ServicesB 7,68912.0%6.13%
21st MortgageF 6,50746.0%9.98%
Mortgage Research CenterC 5,10718.4%6.25%
REDSTONE Federal Credit UnionC 4,54818.9%8.13%
Dhi Mortgage CompanyB 3,90917.5%4.99%
Freedom MortgageB 3,7258.7%6.25%
Pennymac Loan ServicesC 3,61111.6%6.25%

Frequently asked questions

Alabama: 83 applications in 2025, of which 57 were originated and 15 denied.

18.1% of all applications, or 19.7% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Nations Lending originated in Alabama in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Nations Lending's own HMDA filing for properties located in Alabama, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology